Teneriffe, Queensland

A Thriving Inner-Suburb Giving You Lifestyle and Business All Together!

$1,234,000

Property Description

Proudly present this luxury district in Brisbane that offers you a thriving residential area on the banks of the river. Teneriffe is a vibrant suburb flooded with young professionals and families as the proximity to the CBD is definitely one of the most attractive characters of this inner suburb!

- Located in the inner suburb of Brisbane CBD, and just a stroll away from the Brisbane River. A plethora of riverside facilities will give you a pleasant journey along the Brisbane River.

- Teneriffe is situated in a convenient location, close to the New Farm State School, and filled with excessive cafes, grocery stores, bars and shops. You can enjoy an active social lifestyle with the harmonious community

- Low and simple maintenance work in this well-managed complex.

- Solid income for a very long period and still has the potential to grow in the letting income.

- The spacious Manager’s unit in this superb location and its accessibility to amenities make it an ideal home for families and professionals working in the city.


It won’t last long! Call exclusive agent Celine for further information.

Property Summary

Business Snapshot

Price: $1,234,000 Net Profit: $112,600 Remuneration / Body Corp Salary: $65,500Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $750,000Bedrooms: 3Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 0Total Units in Letting Pool: 18Permanent Units: 18Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 years
Marketing Agent
Celine Tseng
Celine Tseng

Shine Realty
Shine Realty

Shine Realty

Listing location
Gallery

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